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FOREIGN INVESTMENT: CONDITIONAL APPROVAL TO PURCHASE AN ESTABLISHED (SECOND HAND) DWELLING AS YOUR PRINCIPAL PLACE OF RESIDENCE
REFERENCE NUMBER:
FI2015/45714
APPLICANT(S):
xxxxxx
PROPERTY:
xxxxxx
DATE:
28/11/2015 10:10 PM
Dear xxxxx
Thank you for your application concerning the proposal for xxxxx to purchase xxxxx, NSW, xxxx.
Your purchase of the property is subject to the Foreign Acquisitions and Takeovers Act 1975 (Act).
There are no objections to the purchase under the Act subject to you:
using the property as your principal place of residence;
not renting any part of the property, including ensuring that it is vacant at settlement; and
selling the property within three months from when it ceases to be your principal place of residence.
You will be in breach of the Act if you do not comply with these conditions.
Foreign Investment Review Board Secretariat
The Treasury
Langton Crescent
PARKES ACT 2600 |
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